TECHNEDs LLP, a leading technology investment firm, has announced that it has entered into a new investment partnership with ReTell, the company that’s been developing call recording solutions for over 30 years. ReTell works with integrators and retains a strong partner channel serving multiple markets to deliver their range of call recording solutions. ReTell’s software handle s millions of recorded calls each day providing reliable call recording for SIP, ISDN and PSTN lines. ReTell become the 9th company to join the TECHNEDs family of technology companies.
Ed Crane, TECHNEDs LLP Partner commented: “TECHNEDs is an experienced growth investor that has an established track record within in the call recording space. By leveraging our experience and industry knowledge, we’re confident that ReTell can continue to scale to reach the next level of success.”
“We’re thrilled that the new management team, shares our vision for reimagining call recording solutions, with a solid product roadmap we’re eager to publicly share our plans in working with ReTell as we accelerate our momentum.”
Neville Bird, Interim Managing Director said: “The £120 million pound UK market for fixed and mobile call recording continues to grow. As digital transformation (DX) takes hold in all sectors, there is an enormous opportunity to service clients with call recording solutions supporting multiple channels and devices.”
“Current call recording product and service offerings are quite often no longer fit for purpose. Where advances in communication channels has superseded legacy technology, the call recording market needs to keep pace. The investment from TECHNEDs will transform our business and product offerings, and we are delighted to be part of the TECHNEDs family”
About TECHNEDs LLP
Established in Nov 2016 by Founder and Managing Partner Simon Mewett, TECHNEDs is a UK technology investment firm that provides expert coaching and guidance to help businesses succeed. They have an active portfolio of technology firms to fast track them into profit, growth and prosperity, either through private investment funding or sharing their expertise and knowledge as non-executive directors (NEDS). TECHNEDs offer strategic and financial support. The culture is that of leadership and guidance and continue to seek opportunities to invest in UK based companies in the technology sector, with a turnover from £1m – £10m. The team has a wealth of success and experience in the technology sector with impressive results to ensure businesses and its people both thrive and succeed.
